Answer and Explanation:
1.
Net Operating loss carryback Amount Rate of Tax Tax Recorded as
Carried back - 2014 $0.0 30% $0.0
Carried back - 2015 $0.0 30% $0.0
Carried back - 2016 $42,000 35% $14,700.0
Carried back - 2017 $8,000.0 40% $3,200.0
Total Carryback $50,000.0 $17,900.0
Journal Entries - Cabot Company
Date Particulars Debit Credit
31-Dec-18 Receivables - Income Tax Refund $17,900
To Income tax benefit - Net Operating Loss $17,900
2. Cabot's net loss for 2018 = -$50,000 + $17,900
= ($32,100)
Answer:
exports more than it imports
Explanation:
Trade surplus is when export exceeds import.
Export is the sum total of goods and services sold to other countries. For example, if clothes are sold to China, it constitutes export.
Import is the sum total of goods and services bought from other countries. If a laptop manufactured in China is sold to someone in the US, this is import
Trade deficit is when a country imports more than it exports
Answer:
nonrepudiation.
Explanation:
Non repudiation is assurance that you cannot deny something.
It refers to ensure that a person to contract cannot deny the sending of the message that they originated.
So when Joe sends a withering email to this about the work hours have increased.So when Joe tries to deny sending the mail and unable to deny the sending because of the use of digital signature it is an example of nonrepudiation.
Answer with Explanation:
The decision making under the conditions of uncertainty:
Uncertainty is an unquantifiable outcome of a decision that can not be mathematically modeled whereas risk is a quantifiable outcome of a decision that can be mathematically modeled.
The expected value method helps in decision making related to uncertainty are making prudent estimates of cash flow by using expected value.
Expected value considers every outcome under uncertainty and computes all of the expected value for each outcome. The outcome that gives highest expected value is said to be best case and likewise the outcome that gives lowest expected value is said to be worst case.
Suppose that two projects gives the same expected value, then the decision will be based on the degree of uncertainty which means the project that has lowest uncertainty of returns will be our choice.
The deviation of the expected value from required return on a project can be measured as a Degree of uncertainty that helps in understanding to what extent the return will be not as per the expectation. The Precise Measurement of uncertainty can be calculated by inclusion of standard deviation to estimate expected value of the decision taken.
The expected money value is the monetary value that a particular decision will generate. In expected monetary value the decision is based on the weighted average of best case and worst case. The value derived is average thus the standard deviation would be very low which means that the calculation was precise. Decision trees are used in precise measurement of cash flow related to each expected outcome and deriving a weighted average value.
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